A solid earnings report from Walmart is providing a small lift to select names in the retail sector. Gainers include Costco (COST +1.5%), Dollar Tree (DLTR +0.8%), Ross Stores (ROST +1.5%), Five Below (FIVE +0.8%), Dollar General (DG +1.5%) and Ulta Beauty (ULTA +1.3%). There could be some relief that Walmart is passing on at least some tariff costs to consumers.
Also of note, Procter & Gamble (NYSE:PG) is 1.44% higher on the day. It's not the first time that P&G shares have taken their marching orders from Bentonville on earnings day.
Previously: Walmart hints at higher prices (May 16)
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